Microsoft may fall to 403.40 - 407.30

Pivot

415.00

Our preference

Short positions below 415.00 with targets at 407.30 & 403.40 in extension.

Alternative scenario

Above 415.00 look for further upside with 420.00 & 426.50 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

426.50

420.00

415.00

410.60 Last

407.30

403.40

399.00

Number of asterisks represents the strength of support and resistance levels.